Piedmont Realty Trust (NYSE:PDM) Issues FY 2026 Earnings Guidance

Piedmont Realty Trust (NYSE:PDM) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.470-1.530 for the period, compared to the consensus estimate of 0.550. The company issued revenue guidance of -.

Analyst Ratings Changes

PDM has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Piedmont Realty Trust in a research note on Thursday, January 22nd. Truist Financial increased their price objective on shares of Piedmont Realty Trust from $9.00 to $10.00 and gave the company a “buy” rating in a report on Monday, November 24th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $9.00.

Piedmont Realty Trust Stock Performance

Shares of PDM traded down $0.02 during trading hours on Friday, hitting $7.81. The stock had a trading volume of 124,793 shares, compared to its average volume of 779,881. The firm has a market capitalization of $971.88 million, a price-to-earnings ratio of -11.48 and a beta of 1.26. The firm has a 50-day moving average price of $8.42 and a 200 day moving average price of $8.35. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.67 and a current ratio of 1.67. Piedmont Realty Trust has a fifty-two week low of $5.46 and a fifty-two week high of $9.19.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of PDM. AQR Capital Management LLC boosted its position in shares of Piedmont Realty Trust by 28.5% during the 1st quarter. AQR Capital Management LLC now owns 332,286 shares of the real estate investment trust’s stock worth $2,449,000 after acquiring an additional 73,762 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Piedmont Realty Trust by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,346 shares of the real estate investment trust’s stock worth $541,000 after purchasing an additional 3,187 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Piedmont Realty Trust by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 950,015 shares of the real estate investment trust’s stock worth $7,002,000 after buying an additional 96,182 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Piedmont Realty Trust by 18.0% during the 2nd quarter. Cetera Investment Advisers now owns 43,285 shares of the real estate investment trust’s stock worth $316,000 after buying an additional 6,603 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Piedmont Realty Trust in the 2nd quarter valued at $813,000. Hedge funds and other institutional investors own 84.48% of the company’s stock.

About Piedmont Realty Trust

Piedmont Realty Trust is a real estate investment trust (REIT) headquartered in Atlanta, Georgia, that focuses on the ownership, acquisition and management of office properties. The company’s portfolio comprises a mix of multi-tenant and single-tenant buildings, with a particular emphasis on small- to mid-size office campuses and urban infill properties. Piedmont Realty Trust structures its leases and property services to support a diversified base of tenants, including professional services firms, government agencies and technology companies.

The company’s operating model combines property management, leasing and strategic capital allocation to enhance asset value and drive income stability.